Horizon Advisory Services Inc. Has $408,000 Stake in Small/Mid Cap Growth Alpha ETF (NASDAQ:JSMD)

Horizon Advisory Services Inc. boosted its holdings in shares of Small/Mid Cap Growth Alpha ETF (NASDAQ:JSMD) by 11.7% during the 1st quarter, HoldingsChannel reports. The institutional investor owned 5,831 shares of the company’s stock after buying an additional 609 shares during the period. Small/Mid Cap Growth Alpha ETF comprises about 0.2% of Horizon Advisory Services Inc.’s portfolio, making the stock its 12th biggest holding. Horizon Advisory Services Inc.’s holdings in Small/Mid Cap Growth Alpha ETF were worth $408,000 at the end of the most recent reporting period.

Several other hedge funds have also recently bought and sold shares of JSMD. Arlington Trust Co LLC bought a new position in shares of Small/Mid Cap Growth Alpha ETF in the first quarter worth about $26,000. BNP Paribas Financial Markets bought a new position in shares of Small/Mid Cap Growth Alpha ETF in the fourth quarter worth about $30,000. Private Trust Co. NA acquired a new stake in Small/Mid Cap Growth Alpha ETF during the first quarter worth about $49,000. Thurston Springer Miller Herd & Titak Inc. grew its position in Small/Mid Cap Growth Alpha ETF by 1,690.8% during the first quarter. Thurston Springer Miller Herd & Titak Inc. now owns 2,149 shares of the company’s stock worth $150,000 after buying an additional 2,029 shares in the last quarter. Finally, Creative Financial Designs Inc. ADV grew its position in Small/Mid Cap Growth Alpha ETF by 40.4% during the fourth quarter. Creative Financial Designs Inc. ADV now owns 2,258 shares of the company’s stock worth $170,000 after buying an additional 650 shares in the last quarter.

Small/Mid Cap Growth Alpha ETF Stock Down 1.1%

JSMD stock opened at $78.06 on Friday. Small/Mid Cap Growth Alpha ETF has a twelve month low of $60.99 and a twelve month high of $83.23. The company has a market cap of $534.71 million, a PE ratio of 19.08 and a beta of 1.17. The business’s 50-day simple moving average is $75.50 and its 200 day simple moving average is $73.55.

Small/Mid Cap Growth Alpha ETF Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, July 7th. Investors of record on Monday, June 30th were given a dividend of $0.126 per share. This represents a $0.50 dividend on an annualized basis and a yield of 0.65%. The ex-dividend date was Monday, June 30th.

Small/Mid Cap Growth Alpha ETF Company Profile

The Janus Henderson Small\u002FMid Cap Growth Alpha ETF (JSMD) is an exchange-traded fund that is based on the Janus Small Mid Cap Growth Alpha index. The fund tracks an index of US small- and mid-cap stocks with strong fundamental measures of growth, profitability and capital efficiency. Weighting relies on the actively-managed Janus Triton Fund.